ANT/Duty-free facilities for telecommunication industry

Jakarta (ANTARA News) - The government is providing duty-free facilities for the importation of goods and materials to produce telecommunication appliances this year.

The government-borne import duty facility was provided for in Finance Minister`s Regulation No. 54/PMK.011/2010 effective February 24 to December 31, 2010, Finance Minister Sri Mulyani said in a press statement on Monday.

To improve the competitive edge of the domestic telecommunication industry the government had set the budget ceiling of Rp 38,771,000,000 to bear the import duties, she said.

She said to obtain the facilities, telecommunication companies should file applications to the director general of customs and excise, along with the import plans approved by the director general of transportation and telematic instrument industries. (*)